Peer-to-peer lending, sometimes abbreviated P2P lending, is the practice of lending money to individuals or businesses through online services that match
Stocks and Shares
Stocks and Shares is a very delicate topics when we talk about investments. I believe that since the start of the financial recession in 2007/2008 at least 70-80% of the investors in the Stock Market lost a lot of their money, I know and I have heard of Beginner Investors who have lost even everything (their money plus what they borrowed from their family and friends)!
It's a very difficult and risky time to invest in the stock market at the moment: Crude Oil fell from $150 per barrel in 2008 to $32 per Barrel in the beginning of 2016! Which is a drop of almost 500%. Even Gold that has always been considered for years a safe Heaven has dropped from $2,000 per ounce in 2011 to $1,200 per ounce in the beginning of 2016 (40% drop in 5 years!). I believe that the only people who made some money in the Stock Market during recession time are the Investors who mostly playing short!
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All savings interest will be paid gross, ie, there'll be no tax taken off. This works for ALL interest - not just savings accounts, but bank accounts, credit unions & peer-to-peer savings. Basic 20% rate taxpayers can earn £1,000/yr interest tax-free. Higher 40% rate taxpayers can earn £500/yr interest tax-free.